Bitcoin explodes, new positive news
The record highs of Bitcoin in the last hours created a huge momentum in the digital currency market, amid the flow of more positive news, which reinforces the optimism that dominates the dealers.
And the market value of digital currencies took off during those moments of trading today, Wednesday, to near its highest levels ever.
Only $6 billion, which was recorded on May 12, is separated from the historical market capitalization peak.
The value of the cryptocurrency market rose during those moments to levels of $2.527 trillion, while the peak remains at $2.533 trillion.
Huge Rush for First Bitcoin Futures Fund
bitcoin exploding
A few hours after the launch of the first US exchange-traded fund linked to bitcoin futures, the price of the first digital currency, bitcoin, exploded.
To reach near its highest levels ever, to exceed for the first time the levels of 64 thousand dollars, very close to the peak of 64.9 thousand dollars in mid-April.
Bitcoin was seen in the past hours at a top of $64.43 thousand, while the bitcoin rose during those moments of writing the report at levels of $64 thousand, an increase of 3.5%.
The market value of the largest digital currencies jumped to levels of 1.334 trillion dollars, equivalent to about 53% of the market value of digital currencies combined.
According to Tom Lee, founder of Fundstrat and cryptocurrency enthusiast, the introduction of the ProShares Trust could help spur more buying, reaching $170,000 before the end of the year.
Surprise: Facebook (NASDAQ:FB) Cryptocurrency
buy bitcoin
Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of bitcoin for the company's balance sheet through the brokerage services of New York Digital Investment Group.
Chainalysis said it would expand its partnership with New York Digital Investment Group, or NYDIG, to buy an undisclosed amount of Bitcoin (BTC), a price that reached a five-month high of $63,2K.
The company said the purchase was "guided by strong confidence in Bitcoin" as well as NYDIG's expertise in the digital asset space.
“Chainalisys Laser is focused on its commitment to building trust in cryptocurrency as a digital asset, and we are thrilled to add Bitcoin to the company’s investment portfolio,” said Michael Gronager, co-founder and CEO of Chainalysis.
“This is Chainalysis’s first acquisition of a cryptocurrency, and we will continue to pursue other digital assets as potential future investments.”
A digital currency will rise by 110 thousand dollars within days
massive rush
became the first US exchange-traded fund linked to Bitcoin futures; The second most traded fund ever, in a sign of the momentum related to the cryptocurrency industry.
The Pro Shares Bitcoin Strategy ETF rose 4.9% to $41.94 at the close of Tuesday's session, after it was listed on the New York Stock Exchange.
The ETF traded more than 25 million shares, with a trading value of nearly $1 billion, becoming the second most traded fund on its first day after BlackRock Carbon.
The Pro Shares Bitcoin Fund tracks the Bitcoin futures contracts on the Chicago Exchange rather than the cryptocurrency itself.
This gives market participants access to the currency and hedge its performance, but with the possibility of a difference between the price and performance of the fund from Bitcoin.
A new war between Russia and America
new adoption
El Salvador President Nayib Bo Kelly said low-cost airline Volaris would accept bitcoin, becoming the first airline in the world to do so.
Last month, El Salvador adopted Bitcoin as a legal currency, on September 7, amid strong news that more countries are heading to do the same.
Volaris said in a statement that it is working to give customers in the Central American country the option to pay in digital currency for services at the airport.
Elon Musk explodes high
market now
While Bitcoin records record levels, these price jumps and optimism have been reflected in alternative digital currencies, after the capitalization of digital currencies rose to 2.527 trillion dollars.
Ethereum, ETH/USD, the largest altcoin, gained about 1.5 percent, rising to $3.85 thousand.
Ripple XRP and Polka dot pDOTn/USD rose within 1% each, bringing Ripple to $1.1 and Polka to $41.55.
While Terra Luna/USD is up 5.55%, Avalanche is 3%, and WBTC/USD is up 3%.
On the other hand, Binance Coin BNB/USD, Cardano and DOGE/USD are falling within 1% to the levels of $486, $2.1 and $0.244.
A digital currency is rising with the power of burning